Customer Reviews

Investment Policy: How to Win the Loser's Game

5 star:		(3)
4 star:		(0)
3 star:		(1)
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1 star:		(0)

 

 

Too many investors focus their attention searching for investments that will maximise thier returns and forgo learning about the concepts of risk-adjusted returns, asset allocation, diversification, investment horizon and investment policy. These conscepts will do more to help investors achieve financial security given an individuals unique cercumstances than ones ability to pick the best stock or portfolio of stocks. This book does a great job of educating consumers and redirecting thier focus in the direction the majority of investors should be interested. I would highly recomend this book to anyone intertested in investing and would go as far as to say it "should be required reading by all investors." I only whish this book had expanded it's discussion into how investment policy relates to an individuals Financial and estate plans Then consumers would value the wisdom within it even further. John Ellison,ChFC,CLU

The book talks about Investment Policy but provides no examples of such. There is mention of stocks vs bonds vs money market, but only a mention. I agree with all the investment caveats that are mentioned and they are instructive. But there is little to guide me in creating and managing my portfolio. The other authors: Jan R. Squires and John L. Maginn are nowhere to be found. Did I purchase the correct book?

This short book from investing guru Charles Ellis is a gem. For readers who like clearly explained investment advice, this book will win you over. He writes in simple, easy to understand language for those new to investing as well as seasoned investors. Have you ever tried to beat the market? Ellis will educate you! As you read the book you'll ask yourself how you ever got along without Charles Ellis's sage investment wisdom. It's so simple, yet incredibly powerful.

I have used Ellis' recommendations as well as Jack Bogle's and have only applause for their ideas. As long as one is consistent and stays with their recommendations it's really hard to go wrong.